Market Insights: Pros Holdings Inc (PRO)’s Notable Drop of -7.31, Closing at 30.56

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As of close of business last night, Pros Holdings Inc’s stock clocked out at $30.56, down -7.31% from its previous closing price of $32.97. In other words, the price has decreased by -$7.31 from its previous closing price. On the day, 0.56 million shares were traded. PRO stock price reached its highest trading level at $32.75 during the session, while it also had its lowest trading level at $30.41.

Ratios:

To gain a deeper understanding of PRO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 200.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.16.

On April 20, 2023, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $37.

Craig Hallum Upgraded its Hold to Buy on May 04, 2022, while the target price for the stock was maintained at $35.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 04 ’24 when Schulz Stefan B sold 6,000 shares for $35.92 per share. The transaction valued at 215,520 led to the insider holds 260,223 shares of the business.

Reiner Andres sold 50,000 shares of PRO for $1,771,000 on Mar 01 ’24. The President & CEO now owns 983,692 shares after completing the transaction at $35.42 per share. On Nov 30 ’23, another insider, Reiner Andres, who serves as the President & CEO of the company, sold 50,000 shares for $36.42 each. As a result, the insider received 1,821,245 and left with 984,055 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRO now has a Market Capitalization of 1435354240 and an Enterprise Value of 1716516480. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.59. Its current Enterprise Value per Revenue stands at 5.516 whereas that against EBITDA is -53.311.

Stock Price History:

The Beta on a monthly basis for PRO is 1.26, which has changed by 0.2666154 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, PRO has reached a high of $40.99, while it has fallen to a 52-week low of $24.61. The 50-Day Moving Average of the stock is -12.98%, while the 200-Day Moving Average is calculated to be -13.71%.

Shares Statistics:

It appears that PRO traded 316.17K shares on average per day over the past three months and 292810 shares per day over the past ten days. A total of 46.50M shares are outstanding, with a floating share count of 42.28M. Insiders hold about 9.55% of the company’s shares, while institutions hold 100.73% stake in the company. Shares short for PRO as of 1713139200 were 4433008 with a Short Ratio of 14.02, compared to 1710460800 on 4625976. Therefore, it implies a Short% of Shares Outstanding of 4433008 and a Short% of Float of 10.94.

Earnings Estimates

The current rating of Pros Holdings Inc (PRO) is the result of assessments by 8.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.02 and a low estimate of $0.0, while EPS last year was -$0.06. The consensus estimate for the next quarter is $0.03, with high estimates of $0.07 and low estimates of $0.0.

Analysts are recommending an EPS of between $0.26 and $0.15 for the fiscal current year, implying an average EPS of $0.21. EPS for the following year is $0.46, with 7.0 analysts recommending between $0.59 and $0.36.

Revenue Estimates

In the current quarter, 8 analysts expect revenue to total $79.81M. It ranges from a high estimate of $81.03M to a low estimate of $79.49M. As of the current estimate, Pros Holdings Inc’s year-ago sales were $73.18MFor the next quarter, 8 analysts are estimating revenue of $82.98M. There is a high estimate of $83.98M for the next quarter, whereas the lowest estimate is $82.15M.

A total of 8 analysts have provided revenue estimates for PRO’s current fiscal year. The highest revenue estimate was $337.82M, while the lowest revenue estimate was $331.78M, resulting in an average revenue estimate of $333.66M. In the same quarter a year ago, actual revenue was $303.71MBased on 7 analysts’ estimates, the company’s revenue will be $376.26M in the next fiscal year. The high estimate is $388.03M and the low estimate is $371.5M.

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